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Social Responsibility Bad News For Auto Margins

Posted by Lauren Proctor on August 26, 2009

Automakers are cutting back production and design of opulent luxury cars, not just for the near-term, but with an eye towards the longer-term as well. It’s more evidence that conspicuous consumption is no longer fashionable. Even Cadillac will be rolling out a compact car.  (The Business Insider)

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